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Investment

Impact investors team up for $48m investment

KANIKA SOOD  |  WEDNESDAY, 19 AUG 2020
A freshly-minted Melbourne real assets boutique is leading a consortium of investors including the influential Ramsay Foundation to pour $48 million into 60 disability accommodation apartments.

REITs better value than bonds, equities: LaSalle

ALLY SELBY  |  WEDNESDAY, 19 AUG 2020
Global real estate securities are priced competitively compared to asset classes such as equities and bonds, according to a real estate investment specialist with $106.3 billion in global assets under management.

Mayfair 101's vision for Mission Beach is sinking

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 AUG 2020
The Bond family has threatened to foreclose on Mayfair 101's crown jewel - it's much anticipated development of the Mission Beach region.

S&P 500 rebounds from COVID-losses

ELIZA BAVIN  |  WEDNESDAY, 19 AUG 2020
The S&P 500 closed at a record high overnight, rebounding from the massive COVID-19-related losses that have rocked global markets.

ANZ posts profit, announces dividend

ELIZA BAVIN  |  WEDNESDAY, 19 AUG 2020
ANZ has announced an unaudited statutory profit for the third quarter of $1.32 billion and an interim dividend of 25 cents per share, fully franked.

Alternative assets are the new bonds: JPMAM

ELIZA BAVIN  |  WEDNESDAY, 19 AUG 2020
Core alternative real estate assets are the new bonds, according to J.P. Morgan Asset Management, which said a well-diversified portfolio of core real assets can offer two-three times the income premium of traditional fixed income.

How to make sense of reporting season

ALLY SELBY  |  TUESDAY, 18 AUG 2020
As we reach a third of the way through Australia's reporting season, an advice and stockbroking group has identified three key trends that have so far emerged from the results.

Challenger boutique managing Nikko strategy

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
Sydney fixed income boutique Ardea Investment Management is now managing a customised strategy for Nikko Asset Management's institutional clients in Japan.

New 'cash plus' style sovereign bond fund

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
Jamieson Coote Bonds has launched an absolute return fixed income fund aiming to deliver 2.5% above cash rate while investing only in sovereign debt.

Westpac ditches dividend

ELIZA BAVIN  |  TUESDAY, 18 AUG 2020
Westpac has become the first of the big four banks to not deliver a dividend in its first half results as it reported a net profit of $595 million and revealed it anticipates further enforcement action from ASIC.